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Nestlé Moves Away from Carbon Offsets to Focus on Emissions Reductions Across Brands

ESG Today

In the statement, the Nestlé spokesperson said: “We are moving away from investing in carbon offsets for our brands to invest in programs and practices that help reduce GHG emissions in our own supply-chain and operations, where it makes the most difference to reach our net zero ambition.”

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Cooking the books: The magical math of ‘climate-friendly’ meat

Corporate Knights

The world’s biggest meat-packers have announced net-zero targets, as the industry tries to reassure the public that despite the urgency of the climate emergency, there’s no need to cut back on our burgers and steaks. Nestlé is paying ranchers for regenerative grazing practices that get sold as carbon credits.

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Tima Bansal on How Nature-Based Solutions Are Taking Businesses Beyond Net Zero

3BL Media

Companies looking to incorporate sustainability into their businesses are finding the conventional models of environmental investing, such as ESG and carbon offset programs, no longer meet their needs. Beyond net zero. But as more companies move toward net zero, many are hitting a limit on available offsets to purchase.

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4 Steps Your Company Can Take to Move Toward Net Zero

B the Change

If you’re a company interested in climate change, zero might be the most important number. Net zero” is the lens many businesses are using to address their climate impacts. As of October 2022, more than 8,000 companies globally have made commitments to net zero under the United Nations’ Race to Zero Campaign.

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Guest Post: Why Biodiversity Risk is a Business Risk

ESG Today

From the explosion of net-zero commitments to the US SEC’s release of its proposed climate disclosure rules, greenhouse gas emissions have been the central focus when it comes to climate. However, carbon reduction is only one part of the equation. By: Sonya Bengali, Marketing Director, Sustainable Business Consulting.

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2020 was the year that…

GreenBiz

German sportswear company adidas committed to using only recycled polyester across its supply chain by 2024. And pressing companies to eliminate deforestation in their supply chains has long been an activist focus. The Regenerative Organic Alliance developed a standard to support farmers who promote soil health.

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Creating a Business Climate Action Plan Centered in Justice

B the Change

“When you’re thinking of centering justice in your climate action plan, it’s important to understand there are many tools and many actions you can take as a business, and carbon offsets are just (some of the tools) in the toolbox to fight climate change,” Schrock said.